A statement of cash flows accomplishes all of the following EXCEPT:
A)reveals the ability of the company to pay dividends and interest.
B)provides information about the cash receipts and cash payments during a period.
C)lists revenues and expenses.
D)predicts future cash flows.

Question

Quizplus · Accepted Answer

A statement of cash flows does not list revenues and expenses, rather it provides information about cash inflows and outflows during a period.

A Statement of Cash Flows Accomplishes All of the Following